Answer:
Individual Demand
Organization and Industry Demand
Autonomous and Derived Demand:
Demand for perishable goods.
Long-term demand.
Explanation:
Individual Demand
Individual demand refers to the type of demands that derived from the consumers' personal preference.
Example of this:
- demands for a teenage student's favorite hair spray.
- a demands for a child's favorite toy
Industry Demand
Industry demand refers to the type of demands for a product that come from a specific industry which derived from special circumstances.
Example:
- Concerns about environment lead to the increasing demand for electric cars in automobile industry
- Increase in sedentary life style lead to increasing demand for software that enable remote work .
Autonomous Demand:
Autonomous demand refers to the type of demand that is derived from our biological nature.
Example:
- Demands for food because we feel hungry.
- Demands firewood to survive a cold winter.
Demand for Durable goods.
Demands for durable goods refers to the demands that derived from people's need to use a certain tools or goods for a long term period without making a re-purchase.
Example:
- Demands for jeans among coal miners who have to work in harsh environment that require a durable material
- Demands for trucks among farmers who need a sustainable vehicles to transport their goods.
Joint demand
Joint demand refers to the type of demand that derived from seeking a complementary for existing product.
Example:
- Demands of mousepads that increase from the increasing sales of computer mouse.
- Demands for sugar that increase from the increasing sales of pancake.
